Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Trinidad and Tobago Dollar/US Dollar (FOREX:TTDUSD)
Countertrend Down (-85) - TTDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid TTDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TTDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TTDUSD
The long-term trend has been DOWN since May 13th, 2020 at 0.14765827
The intermediate-term trend has been DOWN since May 13th, 2020 at 0.14791970
The short-term trend has been UP since May 14th, 2020 at 0.14798183
Smart Scan Analysis for TTDUSD
Based on our trend formula, TTDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).